Hubtown Limited , a prominent real estate company, has witnessed another significant change in its promoter shareholding structure with Vyomesh M. Shah HUF releasing a substantial portion of pledged shares. This latest corporate action follows previous share pledge releases by multiple promoters, continuing the trend of reduced encumbered holdings.

Latest Share Pledge Release

Vyomesh M. Shah HUF has released 1,063,830 pledged shares, representing a significant reduction in encumbered holdings:

Current Promoter Holdings and Encumbrances

The updated promoter shareholding pattern reveals the following encumbered positions:

Transaction Details

The share pledge release was executed with specific terms and conditions:

• Encumbrance Type: Pledge created as collateral security for loan availed by Hubtown Limited
• Entity Favored: Edelweiss Investment Advisors Limited
• Regulatory Compliance: Filed under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Reporting Date: January 03, 2026

Promoter Group Overview

The total promoter group holding stands at 49,770,414 shares, representing 35.02% of the company's total share capital. Out of this, 10,611,170 shares (7.47%) remain encumbered, down from the previous 11,675,000 shares (8.22%).

This corporate action represents another step in the ongoing restructuring of Hubtown's shareholding pattern, potentially strengthening the promoters' position by reducing their pledge obligations. The disclosure was filed by the authorized signatory in compliance with stock exchange regulations.

Hubtown Limited 's associate has achieved a significant milestone in its 25 Downtown project located in Mahalaxmi, Mumbai. The Real Estate Regulatory Authority (RERA) has granted approval for Tower 4 of the project, marking a step forward in the development's progress. This development comes as Hubtown Limited outlines an expansion strategy through a recent investor presentation.

Project Overview

The 25 Downtown project now boasts four RERA-registered towers:

This latest approval for Tower 4 completes the RERA registration process for all four towers of the project.

Significance of RERA Approval

RERA approval is a crucial step in real estate development in India. It ensures that the project adheres to regulatory standards, providing a level of assurance to potential buyers and investors. The registration of all four towers under RERA may enhance the project's credibility and transparency in the real estate market.

Location

The 25 Downtown project is located in Mahalaxmi, Mumbai, an area known for its upscale residential and commercial developments.

Hubtown's Expansion Strategy

In a recent investor presentation, Hubtown Limited outlined its expansion plans, which include:

1. Merger Plans: The company announced mergers of three promoter group entities - 25 West Realty Private Limited, Twenty Five South Realty Limited, and Twenty Five Downtown Realty Limited. These mergers are expected to add 4.5 million square feet of developable area with a combined development value of approximately INR 400+ billion.

2. Debt Reduction: Hubtown has reduced its debt by 69% from INR 34.47 billion in 2017 to INR 10.76 billion as of September 2025.

3. Project Portfolio: The company operates across residential, commercial, and infrastructure segments with 47 completed projects and multiple ongoing developments including 25 South Prabhadevi (90%+ sold), 25 West Bandra, and Hubtown Seasons Chembur.

4. Post-Merger Outlook: After the completion of the mergers, which are awaiting regulatory approvals and expected to finalize within 12 months, the combined entity is projected to have real estate holdings of 31.7 million square feet across 18 projects under development, with a total development value of approximately INR 1,250 billion.

The RERA approval for the fourth tower of the 25 Downtown project, along with Hubtown's expansion strategy, indicates ongoing progress in the company's project portfolio.